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This Types of Economic Systems lesson plan also includes:
- Government Glossary
- Bookmarks to Useful Sites
- Critical Thinking Strategies
- Social Studies Rubric
- Graphic Organizer
- Answer Key
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As an introduction to economics, government classes investigate different types of economic systems (traditional, command, market or capitalist, mixed) to determine answers to basic question about how goods are produced.
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Instructional Ideas
- Divide the class into groups, have each group research a different type of system, jigsaw the groups, and have experts share what they have learned
Classroom Considerations
- The activity presumes class members have access to an economics textbook
- The 16th in a series of 19 related resources
Pros
- The six-page packet includes a brief plan, information for teachers on the various systems, worksheets, and handouts
Cons
- The exercise does not scaffold for the assessment